News

PSEi closes at bear market territory ahead of BSP policy decision

ABS-CBN News
Updated as of Jun 21 12:38 AM

Local stocks didn't get the chance to react to the Bangko Sentral ng Pilipinas' second rate hike for the year, with the Philippine Stock Exchange index closing at bear market territory.  Read more »

Bangko Sentral hikes key borrowing rate for 2nd time this year

ABS-CBN News
Posted at Jun 20 04:09 PM

The Bangko Sentral's move came a week after the US Federal Reserve signaled a faster-than-expected policy tightening pace. Read more »

Espenilla: BSP 'ready' to adjust policy 'as necessary'

ABS-CBN News
Posted at Jun 19 10:33 AM

The BSP's Monetary Board, in its last meeting on May 10, raised the benchmark rate by 25 basis points, the first adjustment since September 2014. Read more »

Bangko Sentral to prevent 'excessive peso volatility'

ABS-CBN News
Posted at Jun 19 10:32 AM

The peso opened at P53.39 to the dollar on Tuesday, from Monday's close of P53.48, holding at its lowest level in 12 years. Read more »

Espenilla: BSP to decide on rates under 'fairly complex' setting

ABS-CBN News
Updated as of Jun 13 11:10 AM

The Monetary Board, under Espenilla, raised the benchmark borrowing rate by 25 basis points at its last meeting on May 10, the first increase in nearly 4 years after inflation reached a 5-year peak in April. Read more »

ALAMIN: Ano ang proseso sa pagdisenyo ng pera?

ABS-CBN News
Posted at Jun 13 02:35 AM

Ano nga ba ang proseso ng pagdidisenyo at pagpili ng bayaning ilalagay sa ating pera? Read more »

ALAMIN: Proseso sa pagpili ng mga bayani na itatampok sa pera

Michelle Ong, ABS-CBN News
Posted at Jun 12 06:19 PM

Ibinunyag ng Bangko Sentral ng Pilipinas na mahabang proseso ang pinagdadaanan sa pagpili at pagdidisenyo ng mga pera. Read more »

Gunigundo: BSP not swayed by May inflation

ABS-CBN News
Posted at Jun 07 12:23 AM

The Bangko Sentral ng Pilipinas says the slower than expected numbers will not influence its data-driven approach on monetary policy action.  Read more »

'Prudent' BSP won't be swayed by slower than expected inflation

ABS-CBN News
Posted at Jun 06 09:42 AM

The Bangko Sentral ng Pilipinas will be "prudent" rather than get swayed by the" implied policy move" of slower than expected inflation in May, Deputy Governor Diwa Guinigundo said Wednesday.   Read more »

PSEi gets last-minute boost, climbs back above 7,600

ABS-CBN News
Posted at Jun 05 11:46 PM

All eyes were on Philippine inflation, which hit 4.6 percent in May, a more than five-year high.  Read more »

Inflation concerns remain, BSP to 'consider' further adjustments: Espenilla

ABS-CBN News
Updated as of Jun 05 11:21 AM

Inflation remains a "concern" even as the rise in consumer prices in April was slower than expected, Bangko Sentral ng Pilipinas Governor Nestor Espenilla said Tuesday. Read more »

BSP: Inflation, posibleng tataas pa

ABS-CBN News
Updated as of Jun 02 06:30 AM

Pero ayon sa isang ekonomista, walang dapat ikabahala dahil minsan nang nagkaroon ng double-digit inflation. Read more »

Inflation could reach 4.6 to 5.4 percent in May: Bangko Sentral

ABS-CBN News
Posted at May 31 01:53 PM

Consumer prices could rise by 4.6 to 5.4 percent in May, due to higher prices of fuel and rice, the Bangko Sentral ng Pilipinas said Thursday. Read more »

DENR, Bangko Sentral nagbabala sa mga nahumaling sa Ilocos Norte 'wishing tree'

Denis Agcaoili, ABS-CBN News
Posted at May 30 12:40 PM

Patuloy ang pagdami ng mga perang papel at barya na inilalagay at isinasabit sa tinaguriang "wishing tree," mula sa sanga at sa dahon. May mga nagbábaón din ng barya, na siya namang mariing kinondena ng ilang netizens.   Read more »

BSP partners with DepEd, BDO to promote financial literacy in schools

ABS-CBN News
Posted at May 29 02:07 AM

The Bangko Sentral ng Pilipinas partners with the Department of Education and the BDO Foundation to promote financial education in schools.  Read more »

Halaga ng piso vs dolyar, pinakamababa sa 12 taon; OFWs, exporters, natuwa

ABS-CBN News
Posted at May 25 09:25 PM

Paliwanag ni BSP Deputy Governor Diwa Guinigundo, hindi naman sa "humihina" ang piso kung hindi lumalakas lamang talaga ang dolyar. Read more »

Markets must be 'circumspect, discriminating,' BSP says as peso weakens

ABS-CBN News
Posted at May 24 04:27 PM

Financial markets should appreciate the Philippines' "strong" institutions and economic fundamentals and not get carried away by negative sentiment, the Bangko Sentral ng Pilipinas said Thursday. Read more »

Remittances from Filipinos overseas down 10 pct in March

ABS-CBN News
Posted at May 15 08:38 PM

Personal remittances in March 2018, at $2.6 billion, were 9.9 percent lower compared to the same month last year, the BSP said in a statement. Read more »

PSEi pares Q1 GDP-inspired gains before BSP policy decision

ABS-CBN News
Posted at May 11 01:56 AM

The Philippine Stock Exchange index pared much of its gains as investors braced for the BSP's policy decision, which came out after the closing bell. Read more »

BSP raises key policy rate for first time since 2014

ABS-CBN News
Posted at May 11 01:46 AM

It was a different story for the Bangko Sentral ng Pilipinas as it raises its key policy rate for the first time since 2014. Read more »